A. Rs 150 or more
B. Rs 500,000 or more
C. Rs50,000 or more
D. Rs500 or more
E. Rs100 or more
Correct Answer: Rs 500,000 or more ✔
Last Updated: June 18, 2019
Related MCQs
- If a person can be prevented from using a good, the good is said to be ?
- Which of the following is an example of a common resource ?
- A negative externality affect market efficiency in a manner similar to ?
- A positive externality affects market efficiency in a manner similar to a ?
- A free rider is a person who ?
- Public goods are difficult for a private market to provide due to ?
- A good produced by a natural monopoly is ?
- A public good is ?
- A person who regularly watches BBC television programs in the UK but fails to pay their TV licence fee is known as ?
- A congested toll road is ?
- When markets fail to allocate resources efficiently, the ultimate source of the problem is usually ?
- Which of the following are potential solutions to the problem of air pollution?
- The Tragedy of the Commons is a parable that illustrates why?
- When government employ cost-benefit analysis to help them decide whether to provide a public good, measuring benefits is difficult because ?
- Which of the following is an example of a public good ?
- Suppose each of 20 neighbours on street values street repairs at €3000 the cost of the street repair is €40,000 which of the following statements is true ?
- A common resource is ?
- A private good is ?
- If one person’s consumption of a good diminishes other people’s use of the good, the good is said to be ?